March Market Report

In March 2022 we witnessed record setting prices while buyer demand persisted. More homes came on the market throughout the east bay compared 2021 however, the Tri-Valley was an exception to the increased inventory trend. Buyer demand continues to surpass inventory in Pleasanton, Dublin, Alamo, San Ramon, and Danville. However, Livermore did see an increase of (+25%) from March 2021.

For in-depth statistics and analysis about real estate activity during March 2022, please see our local write-ups below, or download the comprehensive report by town.

Download Market Report By Town:

Note: All statistics are based on detached homes.

• Pleasanton
  
  
• Livermore
  
  
• Dublin
  
  
• San Ramon
  
  
• Danville
  
  
• Alamo
  
  
• Fremont

Pleasanton

• Inventory: In March we saw an increase (+54%) in inventory from February 2022. A total of 26 units were listed for sale in Pleasanton, allowing more buyer opportunity.
  
  
• Sales:
  
  
  • 53 units were sold during March 2022 which was down (-32.1%) from March 2021.
    
    
  • Average days on market was about 7 days in March 2022, down (-22.2%) from March 2021.
    
    
• List Price vs. Sales Price:
  
  
  • The average list price was $2,104,974 which was up (+13%) from the average list price in 2021.
    
    
  • On average, Pleasanton buyers paid 119% of list price.
    
    
  • The median sales price was $2,050,000, which was up (+36%) from March 2021.

_{Source: Bay East Association of REALTORS}

• Learn more about Pleasanton neighborhoods through our community guides. Search current Pleasanton homes for sale.

Livermore

• Inventory: 45 units were listed for sale, this is an increase (+22%) from March 2021. However, the numbers of homes listed in March 2022 from February 2022 had no change (0%).
  
  
• Sales:
  
  
  • 96 units sold in Livermore during the month of March.
    
    
  • Average days on the market was 8 days, no change from February 2022.
    
    
• List Price vs. Sales Price:
  
  
  • On average, buyers paid 116% of list price in March. We still saw multiple offers on homes and buyer demand continues to remain high.
    
    
  • The median sales price was $1,334,500 in March, which increased (+30.2%) from March 2021.

_{Source: Bay East Association of REALTORS}

• Learn more about Livermore neighborhoods through our community guides. Search current Livermore homes for sale.

Dublin

• Inventory: 21 units were listed for sale, this increased (+52%) from February.
  
  
• Sales:
  
  
  • 43 units were sold during March, a (+34%) increase from March 2021.
    
    
  • The average days on market in Dublin for the month of March was 9 days, just a one day increase from February.
    
    
• List Price vs. Sales Price:
  
  
  • On average, buyers paid 121% of list price in March. Buyer demand is expected to stay strong through the spring and summer.
    
    
  • The median sales price was $1,725,000, this increased (+24.8%) from March 2021.

_{Source: Bay East Association of REALTORS}

• Learn more about Dublin neighborhoods through our community guides. Search current Livermore homes for sale.

Our Team believes in keeping our clients informed about the market. Whether you are buying or selling, it is our goal to ensure you have all resources necessary. If you have any questions regarding the Tr-Valley market, please contact an agent on the Armario Homes Team: (925) 302-2626